operating costs were flat at € xm.

German translation: Betriebskosten blieben unverändert bei € x Mio.

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There\'s a difference between \"unverändert\" and \"auf niedrigem Niveau\". The first means \"unchanged\", whereas the latter means \"at a low level\".

In this sentence, the flat refers to the costs being depicted on a graph, with the curve remaining flat - i.e. not changing. It does not say anything about the compartive level of the costs - whether they were low or high. It is perfectly possible for operating costs to be flat at a comparatively high amount.

There\'s a difference between \"unverändert\" and \"auf niedrigem Niveau\". The first means \"unchanged\", whereas the latter means \"at a low level\".

In this sentence, the flat refers to the costs being depicted on a graph, with the curve remaining flat - i.e. not changing. It does not say anything about the compartive level of the costs - whether they were low or high. It is perfectly possible for operating costs to be flat at a comparatively high amount.